Source: ThinkstockApril 18, 2018: The S&P 500 closed relatively flat at 2,708.62. The DJIA closed down 0.2% at 24,748.14. Separately, the Nasdaq was up 0.2% at 7,295.24.
Wednesday was a mixed day for the broad U.S. markets. Its possible that all three major indices would have notched a gain on the day if only IBM were thrown out. Big Blue posted its worst day in years and was a huge detriment to the Dow and the tech sector in general. Although the averages were somewhat muted, crude oil posted an incredible gain, leaving just about a dollar between it and the coveted $70 price level. The S&P 500 sectors were split down the middle. The most positive sectors were energy and industrials up 1.6% and 1.1%, respectively. The worst performing sectors were financials and consumer staples which were down 0.5% and 0.8%, respectively.
Hot Oil Stocks To Buy For 2018: Tata Motors Ltd(TTM)
- [By Nicholas Rossolillo]
Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) autonomous car division, Waymo, recently signed a contract to add Jaguar’s first all-electric car to its fleet of self-driving vehicles. For the Google parent company, the deal will be a blip on its pathto driving automation, albeit an exciting one. For shareholders of Jaguar parent Tata Motors (NYSE:TTM), it’s an early sign the new vehicle will be a winner for the automaker.
- [By WWW.MONEYSHOW.COM]
I’ve been watching Tata Motors Ltd. (TTM) over the past few years with increasing interest. As India’s largest carmaker, it stands to benefit from the tenfold projected growth in the middle class in both India and China over the next decade.
Hot Oil Stocks To Buy For 2018: Denison Mine Corp(DNN)
- [By Jim Robertson]
Last Thursday, small cap uranium mining stock Denison Mines Corp (NYSEAMERICAN: DNN), which is alsofocused on the Athabasca Basin of Saskatchewan, reported 2017 earnings and gave its outlook for 2018 with the outlook coming with extensive commentary about the uranium market and Athabasca. David Cates, the President and CEO of Denison Mines Corp,gave the following commentary:
Hot Oil Stocks To Buy For 2018: Xilinx, Inc.(XLNX)
- [By Ben Levisohn]
Among the factors Citron cites as adverse for Nvidia is that most of its revenue comings from video game computing, and that theres significant competition in data center computing from Intel (INTC), AMD (AMD), and Xilinx (XLNX).
- [By ]
Until it’s lifted, the ban stands to impact everyone from optical component/module suppliers such as Acacia Communications (ACIA) and Oclaro to telecom/networking chip suppliers such as Cavium (CAVM) and Xilinx (XLNX) to mobile chip suppliers such as Qualcomm (QCOM) and Skyworks (SWKS) . Some of the damage will, of course, be offset by share losses ZTE is likely to see on account of the ban. This could particularly hold for mobile suppliers, given that the ban could prevent ZTE from shipping phones running Alphabet/Google’s (GOOGL) version of Android.
- [By WWW.THESTREET.COM]
Coming up in tonight’s episode of Mad Money: Cramer interviews Bill Sandbrook, CEO of U.S. Concrete (USCR) and focuses on opportunities for Xilinx (XLNX) . Plus, don’t miss the Lightning Round. Which stocks is Cramer bullish on?
- [By Ben Levisohn]
Evercore ISIs CJ Muse today offers his outlook for semiconductors in 2017, writing that hes bullish because the semiconductor cycle may see a cycle in the cycle, with positive implications for several names, but for Nvidia (NVDA) and Xilinx (XLNX) in particular…
- [By Sreekanth Anasa]
Further, according to recent reports, AMD, ARM (NSDQ:ARMH), Huawei Technology, International Business Machines (NYSE:IBM), Mellanox Technologies (NSDQ:MLNX), and Qualcomm (NSDQ:QCOM) have collaborated with Xilinx (NSDQ:XLNX) tobuild a homogenous interface for different CPUs to share data with FPGA accelerators, which are useful in the datacenter and deep learning space. If this collaboration is successful, it could be very bad news for Intel.